Africa's Markets, Startups & Money Moves — Updated Daily

India's MoEngage Acquires San Francisco-Based Startup Aampe

Indian customer engagement software firm MoEngage, which serves brands across global markets, has acquired San Francisco-based startup Aampe in an all-cash deal

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Slate Auto Reveals the Starting Price of Its Electric Truck

Slate Auto, the EV startup backed by billionaire Jeff Bezos, has finally revealed the starting price of its electric truck

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Humanoid Robotics Startup Agility Robotics Plans to Go Public

Agility Robotics, the humanoid robotics startup that spun out of Oregon State University in 2015, plans to go public through a merger with special purpose acquisition company Churchill Capital Corp XI

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US Revoking Passports of Americans With Child Support Debt

To be eligible for a U.S. passport, you must pay any outstanding child support. If you owe more than $2,500, federal regulations do not allow us to issue you a U.S. passport and we may revoke your valid U.S. passport.

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Real Estate and Mortgage Platform Square Yards Joins the Unicorn Club

Real estate and mortgage platform Square Yards has entered the unicorn club after raising around $95 million in a funding round comprising a mix of debt and equity.

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Apply for The Kfund Visiting Analyst Program

The Kfund Visiting Analyst Program is dedicated to finding, meeting and training the venture capital investors of the future. This is an opportunity for students and recent graduates to learn

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Kenyan EV Startup Spiro Closes Its Latest Round of Funding

Kenya-based Spiro, a leader in two-wheel transportation and battery-swapping, has raised a further US$55 million in capital to close its latest round of funding at US$270 million.

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EmergingTech Ventures Fund II Secures Investment

EmergingTech Ventures Fund II primarily invests in pre-Series A and Series A startups operating in high-impact sectors such as deeptech, fintech, digital services, e-health, ed-tech, agri-tech, and cleantech.

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Terrafy is Building Parcel-Level Land Intelligence Infrastructure for Africa

Kenyan startup Terrafy has launched a platform it says is building the trust infrastructure that enables rural finance to reach millions of underserved landholders across Africa

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Iran and Oman Hold Meeting on Strait of Hormuz Navigation

Oman and Iran reaffirmed their commitment to the strait being a secure and open route for international navigation and to promoting maritime safety,

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HaloBraid Raises $7 Million in a Seed Round

HaloBraid aims to help salons speed up braiding with its first device, slated to launch later this year, that acts as a braiding assistant for professional stylists.

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Fika Jobs to Build a Video-First Hiring Platform

Fika Jobs announced on Tuesday a $4 million pre-seed round, which will be used to continue developing the platform, grow the team, and prepare for a wider launch later this year.

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